Sunday, January 24, 2021

Business

Botswana’s foreign reserves dwindle

Botswana’s share of foreign reserves continues to dwindle, putting the diamond producing country in a tight position as it seeks to stimulate the economy...

Inflation at record lows but prices soar

Consumer prices have been increasing at a lower pace in Botswana, but this could change this year as government raises the value added tax...

Lucara sparkles in 2021 with yet another huge gem

The Canadian miner Lucara has recovered yet another massive gem at its prolific Karowe mine, which continues to be a source of large quality...

New NBFIRA CEO spells out his road map

The newly appointed Non-Banking Financial Institutions Regulatory Authority (NBFIRA), chief executive officer (CEO) Oduetse Motshidisi says the ubiquitous contemporary challenges and economic uncertainties posed...

Consumer staples remain resilient- Kgori Capital

Botswana’s leading citizen-owned and run asset management firm, Kgori Capital, projects the economy will contract by 10.0 percent in 2020 due to the negative...

Can transfer pricing rules stop illicit financial outflows?

GABORONE - Botswana is estimated to be losing billions of pulas every year through illicit financial flows.  And this is where it gets complicated: There...

BSE off to a good start

The Botswana Stock Exchange (BSE) is starting the year strongly, igniting hopes once again that the local bourse might be on its way to...

Sefalana weathers Covid-19 storm with a profit

The diversified group Sefalana continues to defy headwinds, promising another stellar set of financial results, raking in profits at a time when many companies...

Tonota dairy production to create employment

The Tonota Sub-District in the Central District Council is bracing for a rejuvenated dairy production. This follows promises by the President Mokgweetsi Masisi while presenting...

Demand for credit moderate in 2020 – BoB

Commercial banks and microlenders view outlook for demand for credit to be generally moderate while hire purchase stores expected it to be low in...